Examples of Individual Trustees in a sentence
Individual Trustees may have given different weights to certain factors and assigned various degrees of materiality to information received in connection with the approval process.
The initial Individual Trustees shall be the individuals who shall have been previously elected as such by a vote of the shareholders of the Trust.
The number of Individual Trustees shall initially be such number as shall be elected as such by a vote of the shareholders of the Trust, and thereafter shall be such number as shall be fixed from time to time by action of a majority of the Trustees.
This release is contingent upon and does not become effective until all of the following have occurred: (a) the Court has approved this Agreement; (b) the Court has entered an order creating the Special Fund as provided for herein; and (c) the Individual Trustees have irrevocably paid the Settlement Payment as provided for herein.
The Individual Trustees or any committee designated by the Individual Trustees may participate in a meeting of the Trustees or such committee by means of a conference telephone or similar communications equipment by means of which all persons participating in the meeting can hear each other at the same time.
A quorum at any meeting of the Individual Trustees is at least three Individual Trustees (or such lesser number of Individual Trustees as are then in place), represented in person or by telephone.
ACKNOWLEDGMENT FOR TRUST SUBSCRIBER State of ) ss.: County of ) For Individual Trustees: On this day of , 2007, before me, the undersigned Notary Public, duly commissioned and sworn, personally appeared and personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name is (or whose names are) subscribed to the within instrument, and subscribed and swore to such instrument and acknowledged that he (or she or they) executed the same.
Neither the Adviser Trustee (nor any affiliate of the Adviser Trustee) nor the Individual Trustees shall have any obligation to provide funds for such purpose.
If a quorum is present, the affirmative vote of a majority of the Individual Trustees represented at the meeting is the act of the Trustee.
The Individual Trustees shall not unduly prolong the duration of the Trust and shall at all times endeavor to resolve, settle or otherwise dispose of all Trust Claims and to effect the distribution of the Trust Assets in accordance with the terms hereof and terminate the Trust as soon as practicable.